Answer Happy

Warner Company's year-end unadjusted trial balance shows accounts receivable of $105,000, allowance for doubtful accounts of $660 (credit), and sales of $340,000. Uncollectibles are estimated to be 1.50% of accounts receivable. 1. Prepare the December 31 year-end adjusting entry for uncollectibles. 2. What amount would have been used in the year-end adjusting entry if the allowance account had a year-end unadjusted debit balance of $600? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the December 31 year-end adjusting entry for uncollectibles. View transaction list Journal entry worksheet Record the estimate of uncollectibles.
Warner Company's year-end unadjusted trial balance shows accounts receivable of $105,000, allowance for doubtful accounts of $660 (credit), and sales of $340,000. Uncollectibles are estimated to be 1.50% of accounts receivable. 1. Prepare the December 31 year-end adjusting entry for uncollectibles 2. What amount would have been used in the year-end adjusting entry if the allowance account had a year-end unadjusted debit balance of $600? Complete this question by entering your answers in the tabs below. Required 1 Required 2 What amount would have been used in the year-end adjusting entry if the allowance account had a year-end unadjusted debit balance of $600? Amount used in the year-end adjusting entry < Required 1 Required 2 >